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Enact Holdings, Inc.（ACT）与Acushnet Holdings Corp.（GOLF）财务数据对比。点击上方公司名可切换其他公司
Acushnet Holdings Corp.的季度营收约是Enact Holdings, Inc.的1.5倍（$477.2M vs $312.1M），Enact Holdings, Inc.净利率更高（53.8% vs -7.3%，领先61.1%），Acushnet Holdings Corp.同比增速更快（7.2% vs 1.7%），过去两年Enact Holdings, Inc.的营收复合增速更高（2.2% vs -17.9%）
Enact Holdings, Inc.是美国领先的私人抵押贷款保险服务商，为银行、信用社等各类住宅抵押贷款机构提供风险缓释解决方案，帮助首付较低的购房者获得可负担的住房贷款，助力更多美国普通消费者实现安居需求。
Acushnet Holdings Corp.是一家专注于高尔夫赛道的美国企业，旗下运营多个知名品牌，产品品类覆盖高尔夫专业器材、运动服饰及相关配件，为全球高尔夫运动爱好者提供多元化的相关产品选择。
ACT vs GOLF — 直观对比
营收规模更大
GOLF
是对方的1.5倍
$312.1M
营收增速更快
GOLF
高出5.5%
1.7%
净利率更高
ACT
高出61.1%
-7.3%
两年增速更快
ACT
近两年复合增速
-17.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $312.1M | $477.2M |
| 净利润 | $168.0M | $-34.9M |
| 毛利率 | — | 44.1% |
| 营业利润率 | — | -3.8% |
| 净利率 | 53.8% | -7.3% |
| 营收同比 | 1.7% | 7.2% |
| 净利润同比 | 1.2% | -3027.3% |
| 每股收益（稀释后） | $1.18 | $-0.57 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ACTGOLF
| Q1 26 | $312.1M | — | ||
| Q4 25 | $312.7M | $477.2M | ||
| Q3 25 | $311.5M | $657.7M | ||
| Q2 25 | $304.9M | $720.5M | ||
| Q1 25 | $306.8M | $703.4M | ||
| Q4 24 | $301.8M | $445.2M | ||
| Q3 24 | $309.6M | $620.5M | ||
| Q2 24 | $298.8M | $683.9M |
净利润ACTGOLF
| Q1 26 | $168.0M | — | ||
| Q4 25 | — | $-34.9M | ||
| Q3 25 | — | $48.5M | ||
| Q2 25 | — | $75.6M | ||
| Q1 25 | — | $99.4M | ||
| Q4 24 | — | $-1.1M | ||
| Q3 24 | — | $56.2M | ||
| Q2 24 | — | $71.4M |
毛利率ACTGOLF
| Q1 26 | — | — | ||
| Q4 25 | — | 44.1% | ||
| Q3 25 | — | 48.5% | ||
| Q2 25 | — | 49.2% | ||
| Q1 25 | — | 47.9% | ||
| Q4 24 | — | 22.6% | ||
| Q3 24 | — | 54.4% | ||
| Q2 24 | — | 54.4% |
营业利润率ACTGOLF
| Q1 26 | — | — | ||
| Q4 25 | 71.3% | -3.8% | ||
| Q3 25 | 67.4% | 14.1% | ||
| Q2 25 | 70.4% | 15.2% | ||
| Q1 25 | 68.9% | 16.3% | ||
| Q4 24 | 68.9% | -1.2% | ||
| Q3 24 | 74.1% | 13.2% | ||
| Q2 24 | 78.6% | 15.5% |
净利率ACTGOLF
| Q1 26 | 53.8% | — | ||
| Q4 25 | — | -7.3% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | 14.1% | ||
| Q4 24 | — | -0.3% | ||
| Q3 24 | — | 9.1% | ||
| Q2 24 | — | 10.4% |
每股收益（稀释后）ACTGOLF
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.23 | $-0.57 | ||
| Q3 25 | $1.10 | $0.81 | ||
| Q2 25 | $1.11 | $1.25 | ||
| Q1 25 | $1.08 | $1.62 | ||
| Q4 24 | $1.05 | $0.02 | ||
| Q3 24 | $1.15 | $0.89 | ||
| Q2 24 | $1.16 | $1.11 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $549.0M | — |
| 总债务越低越好 | $744.9M | $926.2M |
| 股东权益账面价值 | $5.3B | $783.6M |
| 总资产 | $7.0B | $2.3B |
| 负债/权益比越低杠杆越低 | 0.14× | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资ACTGOLF
| Q1 26 | $549.0M | — | ||
| Q4 25 | $582.5M | — | ||
| Q3 25 | $545.6M | — | ||
| Q2 25 | $616.0M | — | ||
| Q1 25 | $639.0M | — | ||
| Q4 24 | $602.8M | — | ||
| Q3 24 | $674.9M | — | ||
| Q2 24 | $711.3M | — |
总债务ACTGOLF
| Q1 26 | $744.9M | — | ||
| Q4 25 | $744.5M | $926.2M | ||
| Q3 25 | $744.1M | — | ||
| Q2 25 | $743.8M | — | ||
| Q1 25 | $743.4M | — | ||
| Q4 24 | $743.0M | $753.1M | ||
| Q3 24 | $742.7M | — | ||
| Q2 24 | $742.4M | — |
股东权益ACTGOLF
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.4B | $783.6M | ||
| Q3 25 | $5.3B | $852.3M | ||
| Q2 25 | $5.2B | $808.5M | ||
| Q1 25 | $5.1B | $780.3M | ||
| Q4 24 | $5.0B | $765.2M | ||
| Q3 24 | $5.0B | $863.9M | ||
| Q2 24 | $4.8B | $863.7M |
总资产ACTGOLF
| Q1 26 | $7.0B | — | ||
| Q4 25 | $6.9B | $2.3B | ||
| Q3 25 | $6.9B | $2.4B | ||
| Q2 25 | $6.8B | $2.4B | ||
| Q1 25 | $6.7B | $2.4B | ||
| Q4 24 | $6.5B | $2.2B | ||
| Q3 24 | $6.6B | $2.3B | ||
| Q2 24 | $6.3B | $2.3B |
负债/权益比ACTGOLF
| Q1 26 | 0.14× | — | ||
| Q4 25 | 0.14× | 1.18× | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.15× | — | ||
| Q4 24 | 0.15× | 0.98× | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.15× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $-338.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-23.3M |
| 自由现金流率自由现金流/营收 | — | -4.9% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $120.0M |
8季度趋势，按日历期对齐
经营现金流ACTGOLF
| Q1 26 | — | — | ||
| Q4 25 | $724.5M | $-338.0K | ||
| Q3 25 | $192.0M | $163.1M | ||
| Q2 25 | $119.5M | $151.9M | ||
| Q1 25 | $226.7M | $-120.3M | ||
| Q4 24 | $686.3M | $-1.1M | ||
| Q3 24 | $188.1M | $144.1M | ||
| Q2 24 | $144.7M | $211.6M |
自由现金流ACTGOLF
| Q1 26 | — | — | ||
| Q4 25 | — | $-23.3M | ||
| Q3 25 | — | $136.9M | ||
| Q2 25 | — | $138.0M | ||
| Q1 25 | — | $-131.5M | ||
| Q4 24 | — | $-33.2M | ||
| Q3 24 | — | $123.7M | ||
| Q2 24 | — | $196.8M |
自由现金流率ACTGOLF
| Q1 26 | — | — | ||
| Q4 25 | — | -4.9% | ||
| Q3 25 | — | 20.8% | ||
| Q2 25 | — | 19.2% | ||
| Q1 25 | — | -18.7% | ||
| Q4 24 | — | -7.5% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 28.8% |
资本支出强度ACTGOLF
| Q1 26 | — | — | ||
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 7.2% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | — | 2.2% |
现金转化率ACTGOLF
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 3.36× | ||
| Q2 25 | — | 2.01× | ||
| Q1 25 | — | -1.21× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.56× | ||
| Q2 24 | — | 2.96× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ACT
| Premiums | $242.8M | 78% |
| Other | $69.2M | 22% |
GOLF
| Titleist Golf Equipment | $293.8M | 62% |
| Footjoy Golf Wear | $102.0M | 21% |
| Other | $45.3M | 9% |
| Golf Gear | $36.1M | 8% |
